Reply to: Headhunted

[Mich the Tester]

Headhunter from Borneo negotiates margin with DA.

[ace00]

I was genuinely headhunted once.

I guess they didn't catch you then. Or did you manage to re-attach your little shrunken head?

[NotAllThere]

Mitch

You have had just one too many kicks in the head at the bottom of the ruck.

The agents fees are three stage payments and they are not deducted from the candidates pay. Clients usually deduct headhunter fees from their IT contractors budgets

That's how it worked when I was a hiring manager. We set the salary. Agency fee was on top of that. ( Purchasing would negotiate a discount off the standard agency rate, and the agent would negotiate the salary up, thereby negating the discount and making the new employee more expensive than if purchasing had let well enough alone. Everyone was happy. )

[GardenGirl]

I thought EO was right because I thought the agents get an introduction fee for Permies which is a percentage of what they earn I think so the more the better.

With contractors they seem to do what they want, although I think the general rule of thumb is that they agree a rate for the contractor and then their % markup is on top, but I think we all know that not all of them are that honest.

I've seen one agency with a 110% markup (based on actual invoices vs contractors invoice) although the client thought they were paying 10% markup, however that agency was booted as soon as they found out.

[EternalOptimist]

If you are a contractor the agent tries to screw your rate down
If you are a permie, they try to jack your rate up



thats what I always thought

[Mich the Tester]

Clients usually deduct headhunter fees from their IT contractors budgets

Quelle surprise

[DodgyAgent]

You really are Not All There are you?

Everything is affected by the agent's margin. The company can spend x groats on finding, recruiting and paying someone. Therefore the salary is x-the other costs.

Mitch

You have had just one too many kicks in the head at the bottom of the ruck.

The agents fees are three stage payments and they are not deducted from the candidates pay. Clients usually deduct headhunter fees from their IT contractors budgets

[Mich the Tester]

I thought for permie jobs the salary was unaffected by agent's margin.

You really are Not All There are you?

Everything is affected by the agent's margin. The company can spend x groats on finding, recruiting and paying someone. Therefore the salary is x-the other costs.

[NotAllThere]

I thought for permie jobs the salary was unaffected by agent's margin.

[Mich the Tester]

What was the brief for the job?

"Find me some gullible tw*t desperate for a job, butter him him uo by making him feel important and stick him on the helpdesk to deal with our most difficult customers"

I'd do that job for a lot more money than they're willing to pay for it.

[DodgyAgent]

agent's margin was enormous. CIOs in the Dutch energy sector have very good salaries and pension schemes based on public sector pay agreements.

What was the brief for the job?

"Find me some gullible tw*t desperate for a job, butter him him uo by making him feel important and stick him on the helpdesk to deal with our most difficult customers"

"Oh and by the way when he is the last one to leave he wont need to put the lights out as that will already have happened"

[Mich the Tester]

I was genuinely headhunted once. For a CIO job with a "Dutch energy company". But the pay was lousy.

agent's margin was enormous. CIOs in the Dutch energy sector have very good salaries and pension schemes based on public sector pay agreements.

[Platypus]

Often the reality is that one of their colleagues (probably their boss) who thinks they are s*it has given their name to some oikish little recrutiment scroat so that he can get rid of him without having to pay out any redundancy money.

[DodgyAgent]

What are people's thoughts on the meaning of "headhunted" ?

I always thought it meant, you and you alone being approached by a company and being offered a lot of money to leave your current postion to join them.

A contractor I work with says he's been headhunted, and had his cv submitted somewhere. That to me is just being put forward for a job along with a few other people. Nothing more.

Any thoughts ?

Al

"headhunting" is an abused word. Abused by twits who put that they were "headhunted from their previous jobs on their CVs and by agents who think that picking the phone up and dialling a random number suddenly makes them worthy of a call up from the chief exectuve of HSBC.

If you are being headhunted it means that you are being lined up against ALL the other people in your line of specialism and assessed against them. There will be a team of researchers turning up every single person on the entire market with that skill. If you are then called forward for an interview with the client then you will be one of a shortlist. If you are then hired it will probably mean you are the best of the lot who is willing to take the job on offer.

Headhunters are used when someone wants the best, which is why a lot of dorks like to think that they have been headhunted. Often the reality is that one of their colleagues (probably their boss) who thinks they are s*it has given their name to some oikish little recrutiment scroat so that he can get rid of him without having to pay out any redundancy money.

[NotAllThere]

I was genuinely headhunted once. For a CIO job with a "Dutch energy company". But the pay was lousy.